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Income Statement TT Hospital Net Premium service Revenue $97,393 Premium Revenue 4,622 Other Revenue 6,014 Total Revenue = $108,029 Nursing Services $56,752 Dietary Services 4,718
Income Statement TT Hospital
| Net Premium service Revenue | $97,393 |
| Premium Revenue | 4,622 |
| Other Revenue | 6,014 |
| Total Revenue | =$108,029 |
| Nursing Services | $56,752 |
| Dietary Services | 4,718 |
| General and Administrative Services
| 23,240 |
| Employee Health and Welfare | 10,705 |
| Provision for collectibles (bad debt) | 3,469 |
| Provision for Malpractice | 1,204 |
| Depreciation | 4,025 |
| Interest Expense | 1,521 |
| Total Expenses | $105,634 |
| Net Income | 2,395 |
Discussion: Calculate ROE for 2014 for TTs Hospital
Assume an Industry average of 8.4%
What can you say about TTs ROE ratio overtime and compared to industry average?
calculate total margin for 2014 for TTs Hospital.
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